I hope Kaspa didn't miss the train for an active fee market.
This should have been a priority a long while ago.
Not using the (otherwise atrocious) KEF failed launches to at least kick-start an active fee market was a huge swing and a miss, and one of the reasons Kaspa is scraping for hashrate nowadays.
Kaspa is an ASIC-based PoW whose current hashrate is < 25% of its ATH. Let the implications sink for a second.
I tried to pursue this when I was still in a communication relationship with the core, but I was dismissed at every turn.
If anyone wants to try to pick this up again, talk to @maxibitcat. As the only person who bothered to formally study it, he's literally the world's top expert on Kaspa's fee market.
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If Kaspa is gonna be adopted its not going to be free to use BUT with $KAS advancing to 100bps this gives users the ability to mine their own transactions with a reasonable wait time at whatever fee rate they choose!
I really don't think people comprehend this advancement because everyone is so used to the traditional slow block times/high fee is the only way to be included life.
$KAS is built different. Study it.
According to CoinMarketCap’s latest sentiment rankings, Kaspa leads as the most bullish cryptocurrency for the fifth day in a row.
The top five also includes PI, Worldcoin, XRP, and Bitcoin, reflecting sustained retail optimism. https://t.co/zpzJRoIjfe
@LevendiPro has arrived at the Imperial College London.
@IzioDev has landed 🇫🇷🛫🛬🇬🇧 and is on his way.
@Chris_Hutch7 is moving mountains ⛰️ to get there as also later today.
The booth is being set up.
The bounty has been published.
More updates are to come!
#Kaspa #KUDOS https://t.co/CmKHBEkTyG
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